Which of the Following Costs Is Not an Element of Cost

question 15

Multiple Choice

Which of the following costs is not an element of cost of exploration for and evaluation of mineral assets in AASB 6"Exploration for and Evaluation of Mineral Resources"?

• A) The costs of acquiring leases or other rights of tenure in the area of interest are included in the cost of the exploration and evaluation asset if they are acquired as part of the exploration for and evaluation of mineral resources;
• B) Charges for depreciation of equipment used in exploration and evaluation activities;
• C) General and administrative costs directly attributed to the operational activities in the area of interest to which the exploration and evaluation asset relates;
• D) Salaries and other expenses of general management allocated by head office to the area of interest
• E) None of the given answers.

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Definitions:

Enlarged Underground Stem

A specialized plant structure, such as a tuber or rhizome, that stores nutrients and helps in vegetative reproduction.

Food Storage

The practice of keeping food in such a manner as to prevent spoilage or contamination, ensuring it remains safe and nutritious for future consumption.

Short Erect

A term not clearly defined in a biological context, and might refer instead to a physical description of posture or growth habit; without a specific context, a precise definition cannot be provided.

Underground Stem

Also known as a rhizome, it's a type of stem that grows horizontally beneath the soil surface, often storing nutrients and producing new shoots.